Coordinating Minister for Food Affairs Zulkifli Hasan said the initial capital to be obtained by the Red and White Village Cooperative (Kopdes) was IDR 3 billion.

He explained that this capital is a loan used for business.

"The funds for the Kopdes are for pure bismis, loan ceiling. So the first Rp3 billion is loan ceiling, it can run out, or not. So the loan ceiling used is for businesses that are clearly profitable," he said at the office of the Coordinating Ministry for Food, Jakarta, Friday, May 23.

The man who is familiarly called Zulhas emphasized that the source of funds for the Kopdes capital does not come from the state revenue and expenditure budget (APBN) and the regional budget (APBD).

"Ity needs capital, so she is given a ceiling of IDR 3 billion. So once again, this business fund is not from the state budget. This is a loan ceiling business that will be paid for 6 years, but the form (for) cooperatives," he explained.

Zulhas said the harvest could be submitted by the Kopdes if it was officially formed. He explained that the Kopdes would later be able to apply through the state-owned bank (Himbara).

Meanwhile, continued Zulhas, the cost for legality needs can use the APBD.

"The formation of a cooperative, paying a notary of IDR 2.5 million is indeed from the APBD. Pay the notary, form it," he said.

Regarding the village formation process, Zulhas said that there had been 39,639 village-only deliberations (mus rumor) from the target of 80,000 villages. He is also optimistic that the target can be met on June 30, 2025.

"This is the first step so that later on July 12, it can be launched that it has been formed. It's just the form of the cooperative that will run later on October 20 (2025)," he explained.

For your information, the rumors are an early stage before the formation of the Red and White Village Cooperative. Then, through the rumors that an organizational structure and business unit will be formed by the village cooperative.


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